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Evening Standard
Evening Standard
Business
Jonathan Prynn

Iran ceasefire relief sends shares soaring and energy prices sharply down

The stock market soared today as a relieved City cheered the ceasefire in the Middle East and oil prices slumped.

Within the first few minutes of trading the FTSE 100 index of leading British company shares shot up 265 points, or 2.56 per cent to 10,613.

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